Markets Live: Banks climb in upbeat ASX

Trader Jonathan Corpina, left, works on the floor of the New York Stock Exchange, Tuesday, Oct. 3, 2017. Stocks are edging higher in early trading on Wall Street as automakers and homebuilders post solid gains. (AP Photo/Richard Drew)

Australian dollars in Sydney, Friday, September 22, 2017. The Aussie dollar remained below 80 US cents on Friday morning with lower iron ore prices lower, signals that a US interest rate hike was coming. (AAP Image/Joel Carrett) NO ARCHIVING

John Carroll Williams is the President and Chief Executive Officer of the Federal Reserve Bank of San Francisco.
Photo: Jamila Toderas

En Suite Surfing: Greenmount at Coolangatta is a world-class wave on the doorstep of major hotels. for surfing story by Mark Abernethy
photo: Tourism Queensland .

Senator Nick Xenophon addresses the media during a doorstop interview at Parliament House in Canberra on Thursday 14 September 2017. Fedpol Photo: Alex Ellinghausen

Catalan President Carles Puigdemont speaks during a statement at the Palau Generalitat in Barcelona, Spain, on Wednesday, Oct. 4, 2017. Catalonia's regional president, Carles Puigdemont, is addressing regional lawmakers on Monday to review a referendum won by supporters of independence from Spain on Oct. 1. (Jordi Bedmar/Presidency Press Service, Pool Photo via AP)

Ian Narev, chief executive officer of Commonwealth Bank of Australia (CBA), speaks during a hearing before the House of Representatives Standing Committee on Economics at Parliament House in Canberra, Australia, on Tuesday, Oct. 4, 2016. Narev defended the lender's profitability and decision not to pass on official interest-rate cuts in full in an appearance before lawmakers. Photographer: Mark Graham/Bloomberg